Car Dealers and Consumer Protections

You know why Americans place car salespeople at the very bottom of the list when asked to rate professions for honesty and ethics? Probably because they’ve bought a car. And they don’t know the half of it.

. . . Think about it: If they were acting honorably and fairly, why would auto dealers object to being treated like other lenders?

Twenty-one Democratic Senators sided with all of the Republicans to back a measure from GOP Sen. Sam Brownback to direct Senate negotiators to exclude auto dealers from the consumer financial protection group that will be created in financial reform.

Lawrence: Here is another question. My daughter leased a car about two weeks ago. Then they said they missed some vehicle stock number so they made a new contract and had my daughter re-sign the docs. She did. Now they said the charge per mile over the contracted miles should be 25 cents rather than what was in the contract, 15 cents. I don’t agree since it is all signed by both parties and consideration has been given to seal the contract. What is your view?

Twenty-one Democratic Senators sided with all of the Republicans to back a measure from GOP Sen. Sam Brownback to direct Senate negotiators to exclude auto dealers from the consumer financial protection group that will be created in financial reform.

About Dave Johnson

Dave has more than 20 years of technology industry experience. His earlier career included technical positions, including video game design at Atari and Imagic. He was a pioneer in design and development of productivity and educational applications of personal computers. More recently he helped co-found a company developing desktop systems to validate carbon trading in the US.